Globalization has transformed every business. There is no industry or sector left, which is not affected by it. Globalization also gave people a more efficient way to do business: outsourcing.
With a 150$ billion of the outsourcing industry, India is leading its way in comparison to its other counterparts. For almost a decade, India, China, and the Philippines have remained the undisputed winner in Asia in terms of outsourcing business.
India is a country with one of the strongest IT industries in the world. That is why it is also the most preferred one in terms of outsourcing software development.
Software development in India.
From 1990 to 2018, India faced a gigantic change in the IT industry. We can say this also because the 90s were the introduction of technology to the world. The demand for technology has increased, and many countries saw it as an advantage, and India being one of them.
The software development industry in India has become a phenomenon across the world, along with some other Asian countries like China and the Philippines. It caught the eyes of many major businesses across the world, who saw the benefits of outsourcing software development to India. India provided the world a more cost-effective and convenient way to get technology solutions.
In the upcoming years, India is likely to see more advancement in the software development industry, as it is the country with the most number of the young and working population. India may not be ahead in terms of technology innovation, but Indian developers are very good in terms of adopting new technology. Therefore, the future of software development in India is also very promising.
Software development in India v/s other countries.
Many would say, India isn’t the only country with a great IT industry, and that is true. Many countries provide the best software solutions.
So, what makes India one of the best options for software development outsourcing?
As we said earlier, China, India, and the Philippines are one of the top countries in terms of software development outsourcing in Asia. Each country is known for its cost-effective and good quality technology solutions. Choosing an ideal country for offshore software development is as difficult as choosing a software development company. In both cases, the factors that influence the decision are a lot similar.
The biggest challenge a company from west faces during offshore software development is the cultural difference. That is where India and the Philippines have an advantage over other countries. Although in terms of culture, the Philippines holds more similarities with the west, as the Filipino culture has been a lot westernized. Where on the other India still has a huge difference in culture with the west. But, India is also the second country after the states with the highest English speaking population, and that is a huge advantage for India, which we will talk about later in this article. On the other hand, China has the language difference along with the difference in the accent, which makes it difficult for companies from the west to communicate with the companies set up in China.
The second factor that affects this decision is talent. India and China both are the countries with the largest human population. China is at the top with a population of 1.4 billion people, and India is on the second with a population of 1.3 billion people. Although a large population is a worrisome matter, it also gives some very important benefits. India has a maximum number of the young working population, and every year millions of more STEM graduates are added in the workforce.
Indian based IT companies can provide a temporary workforce to companies from the west due to the availability of large population talented workers. That gives India an upper hand in terms of more talented professionals in the IT industry, capable of handling many different types of technological work. If a company wants their project to be done in a shorter time, then due to the availability of a large population of the temporary workforce, an India based software development can achieve this more efficiently and promptly.
Each country has its advantages, and it is up to you which advantage is more beneficial for you. Now, we know you are more confused than before. That is why we will give you some important factors on why India is an ideal choice for outsourcing software development.
Benefits of outsourcing software development to India.
There are multiple reasons why outsourcing software development in India is a good idea. With time, more companies are switching to offshore software development. They must be seeing something beneficial that is why they are more inclined towards outsourcing software development than in-house software development.
What makes outsourcing software development to India a great idea? Read the below-mentioned benefits to find out.
1. More affordable.
What factor influences the most business decisions? The answer is cost. Every company wants a more cost-effective way to do every business process. Cost is the main reason why many companies prefer outsourcing more than in house software development.
With cheaply available workforce and appropriate working hours, India is the first choice of many big companies from the west. India provides a more affordable option than its competitive countries. It has the availability of affordable resources and a large amount of cheap workforce, which makes it very lucrative for outsourcing software development.
2. Quality of work.
Whenever the question of affordability occurs, we are more likely to think that we have to compromise with the quality. That is one of the main reasons why many companies do not prefer outsourcing software development.
It is also one of the main reasons that makes India the best choice for software development outsourcing. With the availability of cheap and talented workforce, you get the same quality of work you would have to pay an arm and a leg to get in any other country. Therefore, you get an affordable software solution without compromising on the quality of work.
3. No-communication barriers.
Communication is one of the big concerns of offshore software development. Thankfully, India has the second-largest English speaking population in the world. That makes communication much better with India, as communication is an essential element of a business.
You don’t want to end up with a company that can not understand your requirements, neither it can make you understand anything about your software. You don’t want a software that functions in an alien language, as that software will be of no use. That is where many countries lack and India excels.
4. Wide range of talent.
India knows how to use its large population as an advantage. India has a large number of developers that are talented and skilled enough to work with new advanced technology.
India has a wide range of talent, that is why you can get any kind of technology solution from them that too in a short period. India also has the availability of a large number of the temporary workforce. Which means if you want your project earlier than estimated than is possible by outsourcing software development to India.
5. Time-zone advantage.
India has a time time-zone advantage over other countries. India is 9 hours 30 minutes ahead of the US, and 3 hours and 30 minutes ahead of the US.
You must be thinking about how different time-zone is beneficial for you?
So, this difference in time-zone gives you a benefit of around the clock working hours. When your in-house team is dozing off, your offshore software development team will work effectively. That means you can expect your project on time. Outsourcing software development to India is more efficient.
6. Government support.
Indian IT industry has an important contribution to the country’s GDP, and outsourcing is one of the major employment factors. That is why the Indian government has always been supportive of it.
India’s policies and the government’s behavior have made India an ideal choice for outsourcing software development. Every government in India since independence has been in favor of the IT industry. India is also a country with one of the largest populations of smartphone users, due to the recent government’s effort in making India a more digital and technology-friendly country.
7. Latest possible technology.
As we said earlier, India may not be ahead in terms of technology innovations. But, Indian developers are very good in terms of adapting to new possible technologies.
Unlike many other countries, India has access to the latest possible technology. Which means you get software that remains relevant and useful for a long time.
India fulfils every requirement that a company chooses to outsource for, such as affordability, quality, and efficiency. Outsourcing software development to India is a great idea. Most Indian software development companies are capable of providing world-class software to their clients.
Many reasons make India an ideal place for software development outsourcing. For starters, India has a large population who speak fluent English, as well as developers that are talented and skilled in every available technology. All these factors make it an ideal choice for outsourcing software development.